Chuan Balmain Shareholders Later Want To Sell Family Business And Investment Bank Negotiations

Former veteran fashion house Balmain, despite hiring star designer Olivier Rousteing as a creative director to save the situation, was in power at the end of 2014.

As the rest of the family members no longer participate in the brand operation, the sale of family businesses seems to be no accident.

It is reported that Balmain has hired boutique investment bank Bucephale Finance as a consultant, hoping to sell the brand.

The news is said to have been questioned by private equity funds and Asian fashion companies.

According to the Paris Commercial Court data, Balmain earned $44 million 600 thousand in 2014 and a net profit of 7 million 600 thousand euros, but according to the informed agency, the company's annual revenue reached 120 million euros, valued at 300 million to 400 million euros.

Despite the fact that Balmain is no longer attractive, the group is

In terms of deployment of 30%, Balmain still has some influence on Chinese retailers.

A generation of old fashions?

Can you find a good club for the brand?

With the death of Balmain in 2001, the company declared bankruptcy, and 2014 led the brand out of the shadow of Knight Alain Hivelin, Balmain also no longer.

Although under the leadership of the new creative director Olivier Rousteing, the brand once had signs of reinvigorated and even rumors about IPO, but the current situation is almost hopeless for IPO.